22 December 2023
- Honda is recalling about 2.6 million vehicles in the United States to replace fuel pumps and address a defect that increases crash risk, according to the Japanese automaker.
22 December 2023
- The opening of the Chinese and Indian markets has made Kenya the fifth-largest avocado exporter in the world. Superfruit has increased earnings for farmers and firms.
22 December 2023
- Jinnah said while land issues in the country remain highly emotive and has previously been a source of trouble, reforms remain a critical means of production.
22 December 2023
- The World Bank has given Tanzania significant aid through a $1.1 billion financing package. The fund is intended to support climate resilience, urban services, and inclusive growth in the country.
22 December 2023
- The controversy surrounding the technical committee appointed on the transition of the Nairobi Coffee Exchange to the Coffee Exchange is causing ripples in the sector.
22 December 2023
- TOPLINE More than 20,000 Palestinians in Gaza have been killed in the ongoing war between Israel and Hamas, the enclave’s Hamas-run health ministry said in an update on Friday, as the United Nations Security Council once again delayed a vote on a…
22 December 2023
- HOUSTON, Texas, Dec 22 – At first, Texas Governor Greg Abbott issued an order to arrest migrants illegally crossing the border under the law of “trespassing on private property”. As a result, thousands of migrants caught on private properties at…
22 December 2023
- NEW YORK, United States, Dec 22 – New York is still losing population, according to a US Census report this week, and there could be another reason why. In addition to the high cost of living, the fallout from the COVID-19 pandemic and remote…
22 December 2023
- NAIROBI, Dec. 22 (Xinhua) — Kenya’s standard gauge railway (SGR) freight service recorded an 8 percent rise in cargo hauled in the first nine months of 2023 as usage is set to hit a new high at the end of the year, the Kenya Railways Corporation (…
22 December 2023
- The importance of agriculture to Africa’s economic output cannot be emphasized enough. Desmond Koney’s Complete Farmer is doing close to $10 million in revenue, and have just closed a funding round of $10.4 million. Agriculture has been lauded by…
22 December 2023
- On Monday, the government introduced an application portal to facilitate the process of obtaining loans and scholarships under the New Universities and Colleges Funding Mode.
22 December 2023
- He appeared with two others before Malindi Chief Magistrate James Mwaniki and denied the charges.
22 December 2023
- Malawi is facing shortages largely because Cyclone Freddy destroyed thousands of hectares of maize last March.
22 December 2023
- The two are claiming joint ownership of the land.
22 December 2023
- NAIROBI, Kenya, Dec 22 – The diplomatic relationship between China and Kenya, which dates back to 1963, is poised to grow further despite criticisms from the West, a Kenyan businessman has said. Michael Munyao, the chief executive of Electrogen…
22 December 2023
- COLOMBO, Dec. 22 (Xinhua) — Sri Lanka’s main international airport, Bandaranaike International Airport, has earned 26 billion rupees (about 80 million U.S. dollars) in profits so far in 2023, state media reported on Friday quoting Minister of Ports…
22 December 2023
- NAIROBI, Kenya, Dec 22 – President William Ruto has assured Kenyans that reforms in the National Health Insurance Fund (NHIF) are aimed at ensuring universal healthcare for all.He told off critics of the reforms, saying they were up to no good and…
22 December 2023
- From the shocking list of counties that did not spend even a single shilling on development, to the ripple effects of the increase in the Central Bank base lending rate, good news for farmers, a proposal to change Kenya's budgeting system and…
22 December 2023
- The country is set to forgo over Ksh5 billion in revenue on the shift to a Visa-free regime - a first in the world. Meanwhile, Hustler Fund interest rate increased to 12.5%, more on the depreciating shilling expectations of lower fuel prices, loan…
22 December 2023
- From revelations that the government is facing liquidity challenges serious enough to affect the payment of salaries, to attempts by MPs to undo some tax changes introduced by the Finance Act, 2023, a jump in the CBK benchmark lending rate and…
22 December 2023
- It is that time of the week again when we take a comprehensive look at the news headlines over the last seven days and dissect those that can affect your money. Welcome to yet another edition of Money Weekly.
22 December 2023
- Employed Kenyans are bracing for yet another deduction on their payslips following the commencement of the implementation of the SHIF Act, the last ever KCPE results were released, World Bank will be loaning Kenya Ksh1.8 trillion, milk and…
22 December 2023
- From the government U-turn on the gazette notice increasing service fees, to a deep-dive into the investment types that are emerging as winners with the free fall of the Kenyan Shilling, to developments in the Coffee industry, fuel price…
22 December 2023
- From the tenfold rise in fees to access basic government services such as ID card registration and passports, to the proposed rise in land fees by up to 100 times, to the revelation of a liquidity challenge by Treasury CS and highlights from…
22 December 2023
- From the outrage sparked by a KRA response to claims of harassment of travellers at JKIA and the clarifications that were to follow, to protests by bankers against the Finance Act 2023, a dramatic reduction in the Hustler Fund budget amid biting…
22 December 2023
- From the petition field challenging the implementation of the Social Health Insurance Act, to Safaricom finally fully purchasing M-Pesa, to a record drop in the sale of vehicles in Kenya, KRA missing the revenue targets, skyrocketing bank interest…
22 December 2023
- From revelations of the government's affordable housing programme's house sizes, prices and payment plans, to details on the success of KRA's efforts to enforce tax revenue compliance, to revelations of a triple increase in imported power plus the…
22 December 2023
- Some of the key factors identified as the drivers of the loss in value for the Kenyan currency include reduced foreign exchange inflows and the US Fed's tightening monetary policy. The shilling has already depreciated by over 22% in the last 12…
22 December 2023
- Welcome to this week's Money Weekly roundup, where we are going to delve into the latest developments impacting various aspects of the financial landscape. In today’s edition, we'll explore why Kenyans are rushing to keep their money in dollar…
22 December 2023
- From the historic introduction of standing orders on M-PESA to MPs rejecting a bill seeking to cap civil servants acting allowances, a worrying report on the growth of loan defaults among MSEs and the skyrocketing cost of new cars in Kenya after…
22 December 2023
- Even as fuel prices cross the Ksh200 mark, the Treasury is proposing new tax measures that among other things will lead to the removal of the Ksh2,400 personal tax relief, increase VAT to 18%, make taxable some education services, farm inputs as…
22 December 2023
- Welcome to this week's edition of the Money Weekly Roundup, where we bring you the latest developments that affect your pocket from the world of money. In this week's headlines, Kenya has topped global Worldcoin registrations with a record 350,000…
22 December 2023
- The platform offers an array of festive-themed content, allowing users to craft shareable holiday greetings that can be easily printed or shared across social channels and emails.
22 December 2023
- Life often throws unexpected financial challenges at everyone. When this happens, the need for quick financial assistance becomes unavoidable, and you might resort to borrowing. If you are a car owner, a logbook loan can come in handy, offering a…
22 December 2023
- In the vast world of lending, making the right decision can be a game-changer for your financial well-being. Are you curious about logbook loans and how they compare against alternative borrowing methods? This article is for you!
22 December 2023
- Are you an aspiring entrepreneur, looking for ways to infuse some much-needed capital into your business? You might have come across the idea of a logbook loan. But is it the right choice for you?
22 December 2023
- If you're struggling with mounting debt due to high interest rates or reduced income, you might be looking for a way to regain control of your finances. One path you can take to reduce the cost of the loan or monthly repayments is to change lenders…
22 December 2023
- One of the outstanding features of the Izwe Logbook Loan is that you are able to use your car as collateral to support a close family member who requires a loan but does not possess a logbook. For instance, your parent, spouse, daughter, or son.…
22 December 2023
- To qualify for the Platinum Credit Logbook Loan, borrowers need to own a vehicle that is not older than 2000. All vehicle makes are accepted and you are required to have the logbook registered in your name. The amount you can borrow is determined…
22 December 2023
- The tension between Sudan and the United Arab Emirates UAE has boiled over, given Sudan’s impatience over the UAE’s alleged interference in its internal affairs. As a result, the Northeast African country and the Middle Eastern giants have resulted…
22 December 2023
- While taking a logbook loan might be an easy way to access quick money during an emergency, you must factor in the risk. The biggest one is that you could lose your car. If you think you risk defaulting after taking a loan, you should alert the…
22 December 2023
- Taking a logbook loan can lead to financial problems if you don’t approach it well. To avoid these potential troubles, you should educate yourself about this product, understand its terms and conditions, and compare offers from different lenders…
22 December 2023
- Logbook loans can be a viable option for people who need quick cash but may not qualify for a traditional bank loan or other forms of financing due to one reason or another. However, you must approach it clearheaded to reduce the chance of…
22 December 2023
- Logbook loans are easily accessible, and they can seem suitable for every little financial hiccup you face. But they are not. When applying for any type of loan, you need to have a solid plan for spending the money and how to repay it. While…
22 December 2023
- A logbook loan is a type of secured loan where your motor vehicle serves as collateral. With this type of loan, you can borrow a specified amount from the lender based on the value of your vehicle. The financier's chosen appraiser determines the…
22 December 2023
- Financial emergencies are part and parcel of life. While there are many ways to address them, they can be complicated when you don't have a rainy day fund or quickly run out of it. When this happens, your other options usually involve liquidating…
22 December 2023
- A logbook loan can come in handy in situations when you need a substantial amount of cash within a short period of time. However, this convenient medium that helps you when you are in need also needs paying off.
22 December 2023
- If you are going for a logbook loan, you want to make sure that you land the best deal ever from your lender. After all, a loan always comes at a price, but the lower the total cost of credit, the easier and faster it will be to pay back the loan.
22 December 2023
- No one is immune to emergencies - that is why it is crucial to have an emergency fund. But the honest truth is, an emergency hits when you least expect it. So even with the highest level of preparation, an emergency can potentially knock you off…
22 December 2023
- Most people like surprises. But no one likes a surprise bill or expense when they don't have enough money to cover it. The good news is, if you’re facing an unwanted ‘surprise’ and aren’t sure how you can pay for it, a logbook loan can save the day…